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Property profile & analytics
OFF-MARKET
Auto shops
5976 Midlothian Tpke Richmond, VA 23225-5918
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0290666
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1900
Total area
4,695 SF
Lot
0.4 ac (17,598 SF)
Zoning code
B-3 GENERAL BUSINESS
APN
C-005-1067-007
UPID
US87-0290666
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pursuit Garage Car Wash
-
Spark Auto Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ekas Properties · 4 yrs held
Ekas Properties
since 2022
Last sale
$450,000
5 recorded transactions
Zoning & alternative use
B-3 GENERAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$20
Tax year 2020
Assessed value
$453,000
Assessed 2024
Previous assessed
$432,000
+4.9% YoY
Effective rate
0.00%
On assessed value
Assessed land
$185,000
Assessed improvement
$268,000
Land market value
$185,000
Improvement market value
$268,000
Total market value
$453,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1900
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
1
Total area
4,695 SF
Lot
0.4 ac (17,598 SF)
Zoning code
B-3 GENERAL BUSINESS
APN
C-005-1067-007
UPID
US87-0290666
Jurisdiction
RICHMOND CITY
Zoning & alternative use
B-3 GENERAL BUSINESS · Richmond, VA
Zoning B-3 GENERAL BUSINESS · permitted uses
B-3 GENERAL BUSINESS · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Ekas Properties
Entity
Mailing address
2500 LANSDALE RD, RICHMOND, VA 23225-1975
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
$450,000
Ekas Properties
Ldm Associates Of Virginia LLC
Warranty Deed
$270,000 · Ldm Associates LLC
Jun 20, 2016
—
Ldm Associates Of Virginia LLC
—
Deed
related
$226,250 · First Community Bank
Feb 6, 2009
$330,000
Ldm Associates LLC
Early Road LLC
Warranty Deed
$275,000 · Union Bank & Trust
Aug 11, 2008
—
Early Road LLC
Dunham,ronald G & Regina
Grant Deed
related
—
—
—
Ldm Assoc Of Va LLC
—
Deed Of Trust
related
$225,250 · First Cmnty Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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